Spence at a glance
2,537
People
$955,000
Median sale
$375/wk
Median rent
2.04%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$988,000
Last sold
20 Apr 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$988,000
20 Apr 2026 · derived via latest_sale
Spence at a glance
2,537
People
$955,000
Median sale
$375/wk
Median rent
2.04%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Spence
+3.5%
Median sale
Suburb $955,000
-0.07 pp
Gross yield
Suburb 2.04%
Suburb median $955,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
SPENCE
Zone
RZ1
RZ1
Jurisdiction
Unincorporated ACT
Unincorporated ACT, ACT
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
ACTZoned RZ1 (SPENCE). Official parcel area about 1,100 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $375/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RZ1 (SPENCE). Official parcel area about 1,100 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Area
Spence at a glance
2,537
People
$955,000
Median sale
$375/wk
Median rent
2.04%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HOME.BYHOLLY#soldbyholly $988,000
It's as if the adjacent bushland has enchanted the home, imbuing it with a natural grace, the form very much at ease within the native landscape. This beautiful four-bedder lies low and secret, at the end of a shared block and gazes wistfully toward an open expanse of a eucalypt dotted reserve. There is a nice contemporary mix of exterior materials, giving way to blissfully serene interiors with lofty, raked ceilings, big glazing's and a wonderful open flow to sheltered outdoor decking.
Boote Street is a peaceful and elevated enclave, just moments from Spence shops and edging endless open reserve. A long driveway ushers down the side of the dual occupancy, sweeping into the double garage which has the convenience of internal access. The form is all handsome raw brick with corrugated metal cladding and pops of rich timber. There is a sheltered front porch and a big timber door that opens onto a welcoming foyer.
Warming light evokes an invitational tug to the north - walls of glass, clerestory windows and the open air feel of glass sliders. The family hub, big and graceful, with raked ceilings and tumbling ceiling to floor sheer drapery. The floors are an earthy ceramic timber-like plank and the walls a simple white, offsetting the dark framed windows. The kitchen resides at one end, all floating island and banks of storage in a combo of crisp white and evocative grained timber. There are broad stone worktops and quality appliances from Bosch, including a dishwasher. One imagines family life unfolding with relaxed ease, very much informed by fresh air, birdsong, a lovely indoor outdoor flow. Think a layering of decks, sheltered and open air, imagine communing with friends in dialogue with the regal beauty of an age-old gum tree.
The plan sequesters the master bedroom to the north-west, where lots of space and light conspire to deliver the feel of retreat. There is a walk-in-robe for effortless storage and a stunning ensuite bathroom - floor-to-ceiling tiling, timber topped vanity with twin basins, feature wall in soft avocado green. There are two additional bedrooms within this peaceful wing, both with built-in-robes and a lovely family bathroom with a bathtub. We love the use of vertical and horizontal stacked tiling, creating a play of lines and textures. Meanwhile another bedroom resides at the front of the home, serving up a built-in-robe and a calming aspect across to the park. Think flexibility of use - home office, fourth bedroom or spill-over guest accommodation.
Situated in the leafy suburb of Spence, known for its family/community values, edging reserve and surrounded by green spaces, the home, also offers convenient access to the Belconnen precinct, AIS, and Bruce stadium. The home is close to several fabulous local shops, including Spence and Melba, with Mamé café, in Melba court being a local favourite. The home is convenient to transport, various schools, and the UC and it is an easy commute to the inner north and the CBD.
features.
.stunning, contemporary four-bedroom home in leafy Spence
.privately placed at the end of a dual-occupancy
.edged by open parkland
.long driveway ushering to a double garage with internal access
.brick form with big windows, pops of steel and timber panelling
.easy-care ceramic timber like floors
.north facing, open plan living, dining and kitchen
.raked ceilings and enormous glazing's, including clerestory windows
.ceiling to floor sheer drapery
.glass sliders onto layered decking, both sheltered and open air
.stunning modern kitchen with stone worktops, ample storage and quality appliances from Bosch, including a dishwasher
.private master suite with walk-in-robe and elegant ensuite bathroom
.ensuite with beautiful tiling and big timber topped vanity with double basins
.three additional bedrooms, all with built-in-robes and 2 of them with park views
.concordant family bathroom with bathtub and timber topped vanity
.separate toilet
.charcoal grey carpet to all four bedrooms and ceiling fans
.large internal laundry with great storage and direct access to side utility lane
.RC ducted heating and cooling
.double glazing
.surrounded by green spaces and open reserve
.handy to Spence shops and oval
.close to the bustling Belconnen precinct
.10.5 kms to the inner-north, 15 kms to the CBD
FINE DETAILS (all approximate):
Combined Land size: 550 m2
Living size: 149 m2 (approx.)
EER: 6.0
Build year: 2019
Rates: $752.00 pq
UV: $256,760 (2025)
Rental Opinion: $820 - $840 pw
The information contained in this advertisement is derived from sources we deem reliable. However, we cannot provide any guarantees or warranties regarding the information supplied. Any references to rates, land tax or other statutory charges are indicative only and have been calculated in good faith using publicly available information. Buyers are encouraged to conduct and rely exclusively on their own enquiries.
Listing description written by Holly Komorowski, HOME.BYHOLLY — reproduced as published, not verified by Districts.
Nearby development pipeline
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,100 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.